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TPG-backed SPACs to raise more than $1 billion via IPOs By Reuters

(Reuters) - Three blank-check companies, backed by private equity firm TPG Capital, are looking to raise over $1 billion through initial public offerings, according to regulatory filings on Monday. The firms, TPG Pace Tech Opportunities II Corp, TPG Pace Beneficial II Corp and TPG Pace Solutions Corp, have filed to raise $450 million, $350 million and $250 million, respectively, by selling ordinary...

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Shell pushes back Deer Park, Texas, refinery restart to March 13 – sources By Reuters

HOUSTON (Reuters) - Royal Dutch Shell (LON:RDSa) Plc pushed back the restart of its 318,000 barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery to March 13, said sources familiar with plant operations on Monday. Shell had planned to restart the 270,000-bpd DU-2 crude distillation unit (CDU), the largest at the refinery, by early this week, the sources said. Shell is continuing repairs...

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Analysis: Leasing deal push evokes past glories to shape aviation’s future By Reuters

By Tim Hepher and Laurence Frost PARIS (Reuters) - A tie-up between leasing giants AerCap and General Electric (NYSE:GE) unit GECAS would reshape global air finance and carve out a new chapter in one of Ireland's greatest corporate adventures. AerCap shares soared on Monday after news the company is close to acquiring GECAS to unite the leasing industry's two largest...

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UK PM Johnson: Common sense will prevail on Northern Ireland trade problems By Reuters

LONDON (Reuters) - Common sense will prevail when it comes to resolving problems disrupting trade between mainland Britain and Northern Ireland as a result of the terms of the country's exit from the European Union, Prime Minister Boris Johnson said on Monday. "Insofar as there have been teething problems, and there's no question that there have been, we're fixing those now with...

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Greensill Capital files for insolvency, administrators appointed By Reuters

By Kirstin Ridley and Tom Bergin LONDON (Reuters) - Greensill Capital filed for insolvency on Monday after losing insurance coverage for its debt repackaging business and said in its court filing that its largest client, GFG Alliance, had started to default on its debts. Greensill began to unravel last Monday when its main insurer stopped providing credit insurance on $4.1 billion of...

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GameStop, Roblox Listing, Covid Relief: 3 Things to Watch By Investing.com

By Liz Moyer Investing.com -- Lately, it’s been a tale of two stock markets. On the one side: industrial and cyclical stocks that are roaring back on optimism over the reopening trade On the other: the tech stocks that had driven the bull market for the last three years. At one point it seemed impossible to keep pace with the major indexes without the...

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The Big Question: Why have Liverpool gone from monsters to minnows? By Reuters

(Reuters) - Liverpool's defence of a Premier League crown won at a canter last season has become a nightmare as Juergen Klopp's once-imperious side implodes and sets unwanted club records. An unprecedented sixth successive defeat Anfield defeat, this time by relegation-threatened Fulham on Sunday, marks not only their worst-ever run at their former...

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UK backs Myanmar ambassador who called for release of Suu Kyi By Reuters

LONDON (Reuters) - British Foreign Secretary Dominic Raab praised Myanmar's ambassador to London who on Monday called for the release of Aung San Suu Kyi and President Win Myint, both of whom were detained in a military coup last month. "I commend the courage and patriotism of Myanmar Ambassador Kyaw Zwar Minn in calling for Aung Sung Suu Kyi and President U...

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